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Economics
According to Coase's theory of the firm, why do firms exist? How do firms contribute to the efficiency of the market economy in ways that 'networks of independent contractors' do not? How are the boundaries of the firm best established?
Imagine that you are the manager of a gas station and your goal is to maximize profits. According to your past experience, the elasticity of demand by Texans for a car wash is -4,
Calculate the correlation between the spot exchange rate and all the other variables. Which variable has the strongest correlation with the exchange rate? I will call this variable "PREDICTOR" in the questions that follow.
Assume that demand for a commodity is represented by the equation P = 10 - 0.2 Q d, and supply by the equation P = 2 + 0.2 Qs where Qd and Q s are quantity demanded and quantity supplied, respectively, and P is the Price.
at the same meeting of the open market committee where it announced quantitative easing 3 the fed chose to also
Draw indifference curves to represent following types of customer preferences. Marie likes milk, but neither likes nor dislikes coffee. Marie likes coffee with milk but she always wants 1 cup of coffee with half a cup of milk.
An aerospace company has submitted bids on two separate government contracts, A and B. It feels it has a 50% chance of winning contract A and a 40% chance of winning contract B. Furthermore, it believes that winning contract A is independent of winni..
During the average month in 2010, Sarita received and watched 6 movies sent to her through the mail and she watched an additional 13 movies which were streamed to her computer.What is the average cost of a movie to Sarita? What is the marginal cos..
A rope of negligible mass is stretched horizontally between two supports that are 3.44 m apart. When an object of weight 3160 N is hung at the center of the rope, the rope is observed to sag by 35.0 cm. What is the tension in the rope?
Suppose Slumberland opens its pillow market to trade. Calculate the level of imports or exports in Slumberland when it opens this market to trade
Former congressman and presidential candidate Richard Gephardt once proposed that tariffs be imposed on imports from countries with which the United States has a trade deficit. If this proposal were enacted and if it were to succeed in reducing th..
An investment opportunity will pay $10 with a 20% probability, $20 with a 40% probability, $30 with a 30% probability, and $40 with a 10% probability. what is the standard deviation of the investment?
Speculate what emergency measures might be enacted to keep the economy running in lieu of having an organized banking system.Identify and justify any incidents from history that tell us what we might expect if an electromagnetic pulse actually caused..
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